$BTC Due to the Trump administration's back-and-forth on import tariffs, market panic escalated. The U.S. stock market continued to decline on Friday after the University of Michigan survey showed deterioration in consumer confidence and a surge in inflation expectations. However, with Federal Reserve voting member Collins stating that they are 'absolutely' ready to help stabilize the market if necessary, and a glitch in the U.S. tariff reporting system, all three major stock indexes gained some breathing room. Combined with Wednesday's intraday reversal, the U.S. stock market recorded its best single-week performance in over a year.